DXY strength is returning. Currently it's just slightly below its weekly 3LB reversal. Oddly enough that is also the price that confirms the monthly 3LB. It's back above SMA(55) and its 61.8% minor retrace.

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comments:

Anonymous
said...

Quotage:

"Most Americans have no real understandingof the operation of the international money lenders.The accounts of the Federal Reserve System have never been audited.It operates outside of the control of Congress andmanipulates the credit of the United States." -- Barry Goldwater(1909-1998) US Senator (R-Arizona)http://quotes.liberty-tree.ca/quote_blog/Barry.Goldwater.Quote.9F53

"Under the surface, the Rothschilds long had a powerful influence in dictating American financial laws. The law records show that they were powers in the old Bank of the United States [abolished by Andrew Jackson]."-- Gustav MyersauthorSource: "History of the Great American Fortunes" http://quotes.liberty-tree.ca/quote_blog/Gustav.Myers.Quote.B23B

"The Rothschilds, and that class of money-lenders of whom they are the representatives and agents -- men who never think of lending a shilling to their next-door neighbors, for purposes of honest industry, unless upon the most ample security, and at the highest rate of interest -- stand ready, at all times, to lend money in unlimited amounts to those robbers and murderers, who call themselves governments, to be expended in shooting down those who do not submit quietly to being robbed and enslaved."-- Lysander Spooner(1808-1887) Political theorist, activist, abolitionistSource: "No Treason #6" (1870)http://quotes.liberty-tree.ca/quote_blog/Lysander.Spooner.Quote.4F91

the last one, especially..

a good example of why, even among the College-edjumacated ranks, so few 'Caines have, even, heard of Spooner..

This kind of reminds me of late 2007... Crude started going up just as banks were having the liquidity scares...

- back then it was 'China' (& the Olympics in 2008), the 'growth story' and all that load of crap...

- This time I suppose it'll be tensions with Iran as the strawman

PM prices followed (back then), and rose into the summer... I suppose MF Global is this rounds Bear Stearns...

Finally (in 2008), when all the 'winners' were pre-selected, you had Bear Stearns in the hands of JPM, Countrywide & Merril in the hands of BofA, and Wachovia in the hands of Wells Fargo...

I suppose BAC will go this time... Rest assured that the only ones still standing will be JPM & GS... It's simpler (for THEM) that way... All of the monopoly pieces on the board into the hands of 1 or 2 players...

The real fun will begin when they start to look at EACH OTHER as dinner... Gotta eliminate all the small frys first though...

"...“If I were Romney and Perry, I would be thinking of a way to get Ron Paul off the stage because he is a distraction,” Republican strategist Bradley Blakeman explained to Fox Business in earlier in the race.

The "Real" Distractions

The "real" distractions are Herman Cain and his sexual allegations, Newt Gingrich with three marriages and a record of failed leadership, Rick Perry who cannot even remember his own three-point proposal to cut government departments, and war-mongering Mitt Romney who does not know an damn thing about trade policy but did create the essential basis of Obama's reviled health care plan.

Ron Paul has no such distractions, and that is why the media ignores him in general. Fox News ignores Paul for a different reason: Fox News favors a war monger, which means anyone but Ron Paul.

Isn't the fact though that anyone that bought silver in 1964 is still not in the black by a single penny adjusted for inflation today?

---

No...

The FACT is... the people who exchanged their FIAT NOTES for same face value silver coins back at that time are probably happy... today... with the value per weight (in fiat terms) of their even non-taxable exchange at that point...

Who said anything about buying silver? Or, who said anything about buying copper? (here)...

look, I'm not trying to get into another never ending depate that goes nowhere here however, this:

"The FACT is... the people who exchanged their FIAT NOTES for same face value silver coins back at that time are probably happy... today... with the value per weight (in fiat terms) of their even non-taxable exchange at that point..."

sure, they probably happy today, whether they will be in 20 years who the hell knows

they were happy in 82 as well, not so much in 1997

money is made in the buying, but you never realize a gain until you sell, or exchange, and thats the point here, anyone that exchanged notes for nickles in 1964 hasn't made a gainful return, now if it's just about their feeling happy, well, I have no argument for that other than to say my goal when operating markets is not simply to feel happy.

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